Class Notes

1958

NOVEMBER 1988 Fred Louis III
Class Notes
1958
NOVEMBER 1988 Fred Louis III

The 1958 mini-reunion in Hanover for the Harvard game featured an open house, after the bonfire and parade, hosted by Sally Prescott. Sally, the widow of Bill Prescott, is a valued employee of the College, and helper and facilitator in countless ways for our class. Joe and Sally Jacquet arranged for a class dinner at the beautiful Lyme Inn on Saturday evening. John Graf called the class meeting to order Saturday morning with an agenda that included a discussion of class projects, future events for 1958, and our program for widows of classmates.

The thoughtful letter from Miles Slosberg regarding bequests and other methods of increasing the College endowment is worth consideration. Those who have the means and inclination can develop tax-free methods to help the College without depriving families in any way. We all look in the mirror and see a very young man but I am guessing that it is time for many of us to do some planning. Each man who can should return something to Dartmouth to acknowledge all that the College has done for us. Posterity, and specifically future Dartmouth generations, are our responsibility.

First Investor's Corporation has promoted Peter Hesbacher of its Princeton, N.J., office to the post of assistant vice president.

Joe Carter has been promoted to vice president, personnel and industrial relations, by Philadelphia Electric Co. Joe has been serving as vice president, human resources, at BOC Group, Inc., of Montvale, N.J.

From the class of '38 came a letter from Mr. Hathaway containing a color photo of Culver's own Ralph Manuel,looking (believe it) slender in a U.S. Navy commander's uniform complete with three gold bars. The sender notes that the photo depicts Ralph "charming some child's mother" at a Culver ceremony. No editorial comment needed. By the way, while the Alumni Magazine usually prefers black-and-white photos color is now possible in the new formatbut only for really striking shots because of the extra expense involved.

Jack Stromberg was out of town on business when Lona and I ware in San Francisco recently. His hectic travel schedule as president of Bechtel Financial continues, either searching for money to do the deal or the deal to do. We enjoyed dinner with Elizabeth Stromberg, preceded by a glass of wine in their exceedingly handsome home in Mill Valley. Phil McClanahan was also out of town but I learned by phone that he is the officer in charge of investments for First California Investment Trust of San Francisco. Started in 1985 by Phil and two partners, the trust operates three no-load funds, all dealing in fixed-income vehicles. They have assembled $110 million in invested capital to date and are growing steadily.

The new president of Connecticut Bank & Trust, a part of the $30 billion Bank of New England organization, is Dave Payne. Dave had been serving as vice chairman of the bank.

Fred Louis III, 20 N. Wacker Drive, Chicago, IL 60606